A-Share Screening with RSI, Rising Averages, and Shortening MACD Bars

Summary

This proposed A-share screen combines three technical conditions: RSI below 65, a rising short-term moving average, and a shrinking negative MACD histogram on 15-minute data. The stated interpretation is that the RSI filter avoids more overbought shares, the moving-average condition seeks upward price direction, and shorter MACD histogram bars may indicate improving short-term momentum. The article also gives example indicator settings, including a 14-period RSI, a five-period moving average, and standard MACD periods of 12, 26, and 9.

The document presents a screening idea and sample code, but provides no backtest, transaction-cost analysis, or measured performance. It acknowledges that the screen relies heavily on technical indicators, may miss stocks with stronger longer-term trends, and omits fundamental, industry, and broader market inputs. Its code should be checked carefully before use: the implementation’s data frequency and histogram comparisons may not precisely match the prose description, so the intended rules and actual selection behavior could differ.

Key ideas

• The screen requires RSI below 65, an upward moving average, and a contracting negative MACD histogram.
• The example uses 15-minute stock data with a 14-period RSI and five-period moving average.
• The method interprets a shrinking negative MACD histogram as a possible short-term improvement in momentum.
• The article recommends considering market, industry, and fundamental information alongside technical signals.
• No performance test is reported, and the sample code may not exactly implement the described conditions.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.